Daily Archives: November 30, 2011

In a move that will return Jackson-based Trustmark Corp. to the scene of some its biggest commercial real estate loan troubles, the regional bank has signed a definitive agreement to acquire Bay Bank & Trust Co. of Panama City in a $22 million transaction. Trustmark CEO Jerry Host said the acquisition of the 76-year-old, $247 million bank gives the bank ...

JACKSON — Former Mississippi Gov. William Waller Sr., 85, died Wednesday. On Tuesday Waller was admitted to St. Dominic Hospital in Jackson, his law office confirmed. Waller served as governor from 1972-76 — a time when Mississippi governors were limited to one term. He ran unsuccessfully for the state’s highest office in 1967, but went on to win the 1971 ...

JACKSON — Former Mississippi Gov. William Waller Sr., 85, died today. On Tuesday Waller was admitted to St. Dominic Hospital in Jackson, his law office confirmed. Waller served as governor from 1972-76 — a time when Mississippi governors were limited to one term. He ran unsuccessfully for the state’s highest office in 1967, but went on to win the 1971 ...

HATTIESBURG — A federal judge has put on hold portions of a Mississippi lawsuit against Obama administration’s healthcare law. U.S. District Judge Keith Starrett, in a ruling issued Nov. 23, stayed consideration of parts of the April 2010 lawsuit not involving medical privacy issues. He said those issues were pending before the Supreme Court in a case out of Florida. ...

GULF OF MEXICO — Gulf of Mexico shrimpers and crabbers, who have reported diminished catches since the BP oil spill, are being offered a more generous settlement package due to lingering uncertainties over seafood. Yesterday, Kenneth Feinberg, who is overseeing payments from a $20-billion compensation fund for victims of the 2010 oil spill, said he would offer shrimpers and crabbers ...

GULFPORT — The federal government is now demanding that Gulfport state port officials start to track the number and type of jobs a $621 million port expansion will create. The port is expected to receive a total of $621 million in Community Development Block Grant funds for an 84-acre restoration and elevation of the West Pier that will more than ...

COLUMBUS — The city of Columbus has asked the federal government to consider a solar panel farm at the former Kerr-McGee Chemical Plant. The Commercial Dispatch reports the Environmental Protect Agency has agreed to study the site to determine what kind and whether a renewable energy facility can be built on the property. The city is proposing a portable two-megawatt ...

BILOXI — Owners of eight more Hurricane Katrina-damaged properties in Biloxi have two weeks to present the city with a plan for making them habitable, or at least restoring their exteriors. The Sun Herald reports the city is exercising its power under Senate Bill 3204, which was passed exclusively for Biloxi. It forces owners of commercial buildings and multi-family housing ...

GULFPORT — Gulfport leaders are seeking $11.8 million from BP for oil-catastrophe losses, but the company has so far offered only $76,000. That’s according to consultants the city hired. The Sun Herald reports the city has agreed to pay the consultants from Dutko Grayling up to $80,000 for handling the city’s claim. Annette P. Herrin, an accountant certified in business ...

PASCAGOULA — Union workers will vote tomorrow on a company offer that affects 6,000 employees at Ingalls shipyard, the state’s largest private employer. The Sun Herald reports Ingalls is offering three raises and a one-time $1,000 bonus next month if workers will vote to extend their current work contract for three years. On the down side, healthcare premiums will go ...